House summons Kachikwu, Baru over fuel subsidy payments Senate rejects report for silence on payments Barely two months after it announced the end of its ceasefire last November, the Niger Delta Avengers wednesday again warned the federal government to brace …
Read More »
Vice President Yemi Osinbajo has told American scholars and professionals that Africa’s impressive economic transformation was being driven by ambitious businessmen and women. These entrepreneurs were stepping beyond national borders and going global, Osinbajo said at the inaugural “Africa Rising’’ …
Read More »
The Managing Director, Nigerian Airspace Management Agency, Capt. Fola Akinkuotu, says the agency is building on the current safety profile of the nation’s airspace. Akinkuotu, who made the remarks in a statement to mark his first anniversary as the MD/CEO …
Read More »
The Minister of Transportation, Mr. Rotimi Amaechi, has expressed worry about a number of unforeseen challenges affecting the construction of a standard gauge railway line between Lagos and Ibadan. The $1.5bn project, whose groundbreaking ceremony was performed last year by …
Read More »
A civil society group, BudgIT, has said that about N744.5 billion, or 42.9 per cent of a total N2.65 trillion provision for capital projects in the 2018 Appropriation Bill currently before the National Assembly for approval may have no direct …
Read More »
*Kachikwu, Baru weigh options as expert says it is against market forces Shipowners and other stakeholders in the maritime sector are on the verge of getting the desired change in trade terms from Free On Board (FOB) to Cost Insurance …
Read More »
By Kenneth Jukpor The Court of Appeal, Lagos has dismissed the entire appeal of Seaport Terminal Operators Association of Nigeria (STOAN) in the suit against Nigerian Shippers’ Council (NSC) and Shippers Association Lagos State (SALS). Justice Nwaoma Uwa who gave …
Read More »
Scores of people were on Monday dismembered and several others sustained injuries, including third degree burns, as two gas explosions rocked both the Magodo and Badagry areas of Lagos. While the first explosion occurred at the Second Coming Nigeria Limited …
Read More »
• Says sale of telco will go ahead United Capital Trustees Limited, the receiver-manager appointed by the consortium of 13 banks which lent 9mobile (formerly Etisalat Nigeria) $1.2 billion, has said it will appeal the ruling of the Federal High Court …
Read More »
• Dangote cement leads gains as rally continues on the back of rising oil prices The world-beating rally in Nigerian stocks may not be over yet. The main equity index in Africa’s biggest economy has surged 12 per cent this year …
Read More »
· Freight Forwarders kick against palletization policy · How FG Mismanaged N180bn Chinese Loan By Kenneth Jukpor & Nkem Osuagwu Maritime industry experts and ship-owners, over the years, have driven on the wrong impression calling for a change in the Nigerian …
Read More »
The Director-General of the Nigerian Civil Aviation Authority (NCAA), Captain Muhtar Usman, has said airports which did not meet given regulatory standards would be closed for flight operations. Usman said all the airports, both federal and state-owned, must abide by …
Read More »
The telecoms industry regulator, Nigerian Communications Commission (NCC), thursday gave further clarification on the true position of 9mobile sale by Barclays Africa, in relation to the January 16 date earlier announced. Contrary to expectations that all the shortlisted five investors …
Read More »
There were further indications that expectation for the early passage of the 2018 budget by the National Assembly would not come to pass, having missed the December date which President Muhammadu Buhari had appealed for its approval. This was reinforced …
Read More »
The Federal Executive Council (FEC) yesterday in Abuja approved the installation of independent power system to power the Nnamdi Azikiwe International Airport, Abuja to avert frequent cases of power outages in the airport. Briefing journalists at the end of yesterday’s …
Read More »
Analysts at FBN Quest Capital Limited, a subsidiary of FBN Holdings Plc, have expressed doubts that the latest attempts by the Nigerian National Petroleum Corporation (NNPC) to undertake a fresh Turnaround Maintenance (TAM) on its refineries in Port Harcourt, Warri …
Read More »
…CAC Bashar delivers scorecard By Kenneth Jukpor The Tin Can Command the Nigeria Customs Service has revealed that it realized 92.7% of it’s 2017 revenue target of three hundred and ten billion, two hundred and forty-seven million, three hundred and …
Read More »
To undertake compliance spot checks on MDAs The federal government has ordered vendors of Ministries, Departments and Agencies (MDAs) to display their Tax Identification Numbers (TINs) on their invoices before payments are effected by the MDAs. Government’s directive was handed …
Read More »
The Nigerian National Petroleum Corporation (NNPC) on Tuesday assured Nigerians that there would no longer be fuel scarcity which had caused unbearable queues for Nigerians. The Group Managing Director of the corporation, Maikanti Baru, said this in Abuja at the …
Read More »
The Governor of Edo State, Mr. Godwin Obaseki, has signed a Memorandum of Understanding (MoU) with China Harbour Engineering Company Limited (CHEC), for the development of the Gelegele Seaport and other transport infrastructure in the state. The landmark event which …
Read More »
MMS PLUS NG – Maritime, Aviation, Business, Oil and Gas News Online Newspaper with coverage in Maritime, Oil and Gas, Aviation, Power and Energy as well as Financial News
